If it's a Chevy, which it looks like, there is a lot of wood in the body, with the panels nailed to the wood. That's why the door fits like ****. Lots of work to replace all the wood with metal or recreate all the rotted wood.
If that is a Mustang II under it, that just dropped any offer to a 'thanks, but no thanks' offer. No card carrying HAMBER would even consider offering money on something that will just end up on some moderator's delete ****on. After all, 'tradition' can never become 'traditional' if it's not strictly, and vigorously, adhered to by 'traditionalists'.
Wow! You make it sound as if it could never be fitted with a straight axle again. A true “traditionalist “ would try to buy it right and put a dropped axle under it.
Nope. That would be a hotrodder. The 'traditionalist' would p***, and look for something more 'traditional'.